Lay Hong Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Lay Hong Berhad has a total shareholder equity of MYR616.1M and total debt of MYR191.3M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are MYR1.1B and MYR482.3M respectively. Lay Hong Berhad's EBIT is MYR171.8M making its interest coverage ratio 14. It has cash and short-term investments of MYR88.5M.
Key information
31.1%
Debt to equity ratio
RM 191.34m
Debt
| Interest coverage ratio | 14x |
| Cash | RM 88.47m |
| Equity | RM 616.10m |
| Total liabilities | RM 482.34m |
| Total assets | RM 1.10b |
Recent financial health updates
These 4 Measures Indicate That Lay Hong Berhad (KLSE:LAYHONG) Is Using Debt Reasonably Well
Sep 19
Is Lay Hong Berhad (KLSE:LAYHONG) A Risky Investment?
Nov 22Lay Hong Berhad (KLSE:LAYHONG) Has A Somewhat Strained Balance Sheet
Jun 01Lay Hong Berhad (KLSE:LAYHONG) Seems To Be Using A Lot Of Debt
Jun 02Lay Hong Berhad (KLSE:LAYHONG) Use Of Debt Could Be Considered Risky
Nov 02Lay Hong Berhad (KLSE:LAYHONG) Use Of Debt Could Be Considered Risky
Mar 22Recent updates
These 4 Measures Indicate That Lay Hong Berhad (KLSE:LAYHONG) Is Using Debt Reasonably Well
Sep 19With EPS Growth And More, Lay Hong Berhad (KLSE:LAYHONG) Makes An Interesting Case
Apr 01Is Lay Hong Berhad (KLSE:LAYHONG) A Risky Investment?
Nov 22Lay Hong Berhad (KLSE:LAYHONG) Has A Somewhat Strained Balance Sheet
Jun 01Estimating The Intrinsic Value Of Lay Hong Berhad (KLSE:LAYHONG)
Nov 30Lay Hong Berhad's (KLSE:LAYHONG) Promising Earnings May Rest On Soft Foundations
Sep 05Lay Hong Berhad (KLSE:LAYHONG) Seems To Be Using A Lot Of Debt
Jun 02Lay Hong Berhad (KLSE:LAYHONG) Use Of Debt Could Be Considered Risky
Nov 02Capital Allocation Trends At Lay Hong Berhad (KLSE:LAYHONG) Aren't Ideal
May 31Lay Hong Berhad (KLSE:LAYHONG) Use Of Debt Could Be Considered Risky
Mar 22Our Take On The Returns On Capital At Lay Hong Berhad (KLSE:LAYHONG)
Feb 24A Look At Lay Hong Berhad's (KLSE:LAYHONG) Share Price Returns
Jan 20Lay Hong Berhad (KLSE:LAYHONG) Has No Shortage Of Debt
Dec 16
Financial Position Analysis
Short Term Liabilities: LAYHONG's short term assets (MYR454.9M) exceed its short term liabilities (MYR317.4M).
Long Term Liabilities: LAYHONG's short term assets (MYR454.9M) exceed its long term liabilities (MYR165.0M).
Debt to Equity History and Analysis
Debt Level: LAYHONG's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: LAYHONG's debt to equity ratio has reduced from 67.7% to 31.1% over the past 5 years.
Debt Coverage: LAYHONG's debt is well covered by operating cash flow (102.2%).
Interest Coverage: LAYHONG's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:07 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lay Hong Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wen Chye | Hong Leong Investment Bank Berhad |
| Min-Tze Chua | Kenanga Research |
| Jit Hoong Chan | UOB Kay Hian Research Pte Ltd |